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[12], In March 2000, FPL Group and Spanish company Iberdrola SA were reported to be in "extensive merger discussions". Reshape your consumption by changing how and when you use energy. ET (8 a.m. CT) today. A Google . Copyright document.write(new Date().getFullYear()) NextEra Energy, Inc. All rights reserved. Currency in USD Follow 2W 10W 9M 76.63 +0.78 (+1.03%) At close: 04:00PM EDT 76.52 -0.11 (-0.14%) After hours: 07:53PM EDT 1d 5d 1m 6m YTD 1y. Artiles obtained over $30,000 in political contributions from Florida utilities throughout his time in office, which included $6,000 from NextEra, $4,500 from TECO, and $4,000 from Duke Energy, all direct contributions. Access additional case information on PACER Trinity Operating Employee Directory Trinity Operating corporate office is located in PO Box 1188, Houston, Texas, 77251, United States and has 163 employees. - listing US Job Opportunities, Staffing Agencies, International / Overseas Employment. A more recent docket listing NextEra Energy believes its deep operating experience, strong financial profile, traditional utility ownership model and meaningful Texas presence offer uniquely compelling advantages. The transaction is subject to bankruptcy court confirmation of EFH's plan of reorganization, approval by the Public Utility Commission of Texas, the expiration or termination of the waiting period under the Hart-Scott-Rodino Act, the Federal Energy Regulatory Commission and other customary conditions and approvals. Copyright 2023 NextEra Energy Resources, LLC. [4] Over the last several years, NextEra has been very aggressive against customer-owned solar, says Alissa Schafer, a researcher with the Energy and Policy Institute, a clean energy advocacy group. The mailing campaign employed the language of the Democratic candidate and had the accomplice focusing on fixing health care, and fighting climate change, all paid for by new, out-of-state political committees. All rights reserved. Travis Miller, owner of Great Solar Basin claims the solar industry went down overnight. NextEra Energy's shares traded at over $261 per share, and its market capitalization was valued at over US$117 billion at the end of 2019. The transaction will extinguish all EFH and EFIH debt that currently exists above Oncor. Trinity Operating (USG), LLC Nextera Energy Resources Attorney/Law Firm Details Plaintiff Attorneys Michael P. Womack Attorney at Mullican & Hart, PC 15 E Fifth St, Ste 2200 Tulsa, OK 74103 Jose Gonzalez Attorney at Mullican & Hart, PC 15 E Fifth St, Ste 2200 Tulsa, OK 74103 Defendant Attorneys J. Kevin Hayes Copyright 2022, NextEra Energy, Inc. All rights reserved, Press Tab to Move to Skip to Content Link. As part of EFH's plan of reorganization, the transaction would extinguish all EFH and EFIH debt that currently exists above Oncor. NextEra Energy also commits that, for two years after closing, current Oncor employees will be provided no less favorable salaries or wage rates and substantially comparable incentive compensation opportunities and employee benefits. Journalists can reach a NextEra Energy spokesperson 24 hours a day, 7 days a week. NextEra Energy expects the transaction to be meaningfully accretive to earnings. Trinity Operating (USG), LLC et al FBC Royalty Partners, LLC v. Trinity Operating (USG), LLC et al RSS Track this Docket Docket Report This docket was last retrieved on March 8, 2021. CF Industries and NextEra Energy Resources announce a memorandum of understanding for a First Quarter 2023 NextEra Energy, Inc. and NextEra Energy Partners, LP Conference Call, Fourth Quarter and Full-Year 2022 NextEra Energy, Inc. and NextEra Energy Partners, LP Conference Call. Date: Apr 3, 2023. In 2015, state regulators opted to cut the net-metering rate to a mere fraction of what it was. The presentation for the webcast may be downloaded atwww.NextEraEnergy.com/investors, beginning at 8 a.m. 1 in the electric and gas utilities industry in Fortune's 2016 list of "World's Most Admired Companies." [3] NEER, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun. NextEra Energy Resources is a leading wholesale power generator, operating power plants and offering a diverse fuel mix to utilities, retail electricity providers, power cooperatives, municipal electric providers and large industrial companies. We are one of the nation's leading providers of wholesale power generation and energy-related services. Learn More 2022 ESG Report TOP 20 in the world for innovation, according to Fortune Not long after resigning, the Miami Herald nailed him for employing Hooters waitresses in the form of campaign "consultants. The definitive agreement will be filed publicly as part of the restructuring of EFH currently before the United States Bankruptcy Court for the District of Delaware. What We Do. The transaction is not subject to any financing contingencies. Headquartered in Juno Beach, Fla., NextEra Energy's principal subsidiaries are Florida Power & Light Company, which serves more than 4.8 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the United States, and NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun. [51] Artiles has for years associated with Florida utilities, including NextEra and its subsidiary FPL. News. NextEra Energy intends to honor all existing union contracts and commitments. NextEra Energy commits to no involuntary reductions to Oncor's workforce as a result of the transaction for at least two years after closing. All rights reserved. As oil and gas prices soar with Russia disruptions, clean-energy bets by Florida's NextEra look even wiser. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from seven commercial nuclear power units in Florida, New Hampshire and Wisconsin. [37] In a complaint to federal regulators, the rival company said NextEra had taken every opportunity, both in the open and behind the scenes, to oppose, delay, and derail the project, including funding opposition groups because the hydropower would have provided competition to NextEra's oil-fired power plant in Yarmouth. may be available from PACER. We customize the right solutions that work best for your business based on your goals and objectives. NextEra Energy had filed obstruction evaluation cases for the construction of wind turbines in Oklahoma with the FAA in March 2018, but the FAA had yet to issue determinations at the time that the cease and desist order was issued. The year before, Perry voted in support of NextEras exploratory fracking legislation while serving on the committee chaired by Artiles. NEM buys and sells wholesale energy commodities and manages all the fuel needs of NextEra Energy Resources. [31] In February 2018, NextEra Energy filed a lawsuit against NEI, accusing the trade group of "retaliatory action" and "extortion", claiming that NEI revoked its ability to access the Personnel Access Data System (PADS), the nuclear industry personnel database, unless $860,000 was paid. NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company with consolidated revenues of approximately $17.5 billion and approximately 14,300 employees in 27 states and Canada as of year-end 2015, as well as approximately 45,000 megawatts of generating capacity, which includes megawatts associated with noncontrolling interests related to NextEra Energy Partners, LP (NYSE: NEP) as of April 2016. Copyright 2022 NextEra Energy, Inc. All rights reserved. Trinity Operating is part of the Energy, Utilities & Waste industry, and located in Texas, United States. The transaction provides clear benefits for NextEra Energy investors. [22] However, in July 2016, Hawaii's Public Utilities Commission rejected the offer in a 2-0 vote over doubts of NextEra Energy's commitment to the state's renewable energy goal, which terminated the merger agreement. in the world for innovation, according to Fortune, planned investments in American infrastructure through 2022, reduction in our dependency on foreign oil since 2001, total shareholder return over the last 15 years, of high-paying American jobs created through our investments. NextEra Energy sets industry-leading Real Zero goal to eliminate carbon emissions from its operations, leverage low-cost renewables to drive energy affordability for customers. VIEW PORTFOLIO NextEra Energy Portfolio Map - Providing Clean Energy across America. Requisition ID: 72216 Trinity Operating, LLC is an independent oil and natural gas company engaged in the exploration, development and production of oil and natural gas from onshore properties within the U.S. Headquartered in Houston, Texas, we are a subsidiary of NextEra Energy, the world's largest generator of renewable energy from the wind and sun. Upon completion of the transaction, together with Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC, Oncor will become a principal business of NextEra Energy. According to the Sentinel, FPL donated $14.15 million to a political ad nonprofit whose consultants were connected to one of the groups that paid for Goston's ads. NextEra Energy, which has been recognized as the top electric and gas utility in Fortune's "Most Admired Companies" ranking 9 out of the last 10 years, will employ a traditional utility organizational structure. Forward-looking statements are typically identified by words or phrases such as "may," "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "predict," and "target" and other words and terms of similar meaning. By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. Next Era Operating Srvs Relocation Provided: Yes, if applicable Where permitted by applicable law, Next Era Energy requires all employees and new hires to be fully vaccinated for COVID-19 or be willing to receive the COVID-19 vaccination on or before the first day of employment. [34] In 2022, NextEra paid $8 million for missing eagle permits. Rebecca Kujawa is the president and chief executive officer of NextEra Energy Resources, LLC, a competitive energy supplier with approximately 24,600 megawatts of total net generating capacity, primarily in 38 states and Canada as of year-end 2021.NextEra Energy Resources is the world's largest generator of renewable energy from the wind and sun, and a world leader in battery storage. Your job seeking activity is only visible to you. Cassidy Mattison has been working as a NextEra Energy Resources at Trinity Operating for 4 years. NextEra Energy Marketing (NEM) is one of the top marketers of power in the nation. NextEra Energy is a substantial contributor to the Texas economy, having invested more than $8 billion in transmission, power generation, gas pipelines and other operations in Texas. We have . NextEra Energy reaches definitive agreement to acquire Energy Future Holdings' interest in Oncor Electric Delivery Company, - Compelling transaction provides financial strength for Oncor and its customers and certainty of value for Energy Future Holdings' creditors, - Transaction will extinguish all Energy Future Holdings and Energy Future Intermediate Holding Company debt that currently exists above Oncor, - NextEra Energy's proven track record of providing affordable, reliable electric service for customers complements Oncor's operational strengths, - NextEra Energy committed to retaining local management, Dallas headquarters and Oncor name, - No involuntary workforce reductions at Oncor for at least two years after transaction close, - Transaction expected to be meaningfully accretive to NextEra Energy earnings. Sam Tisci has been working as a Production Engineering Consultant at Trinity Operating for 4 years. We choose, combine and customize the right solutions for every partners needs. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia. NextEra Energy's utility, FPL, provides its customers with electric bills that are the lowest in Florida and 30 percent below the national average, as well as award-winning customer service. ET (8 a.m. CT) today. [32], In June 2018, the United States Court of Appeals for the Eleventh Circuit rejected NextEra Energy's claim for a $97 million tax deduction for $200 million paid in contract fees to the federal government toward the Nuclear Waste Fund. The spoiler candidates were on the ballot as a no-party option and were intended to confuse voters and dilute support for the Democratic candidate in each race. NextEra Energy, Inc. PO Box 1188, Houston, Texas, 77251, United States. Power needs to move from where its generated to where its needed. More affordable. Click the link in the email we sent to to verify your email address and activate your job alert. [1] FPL Group changed its name to NextEra Energy Inc. in March 2010. Trinity Operating is an independent oil and natural gas company headquartered in Houston with current operations in Louisiana, Oklahoma and Texas. [54][55], On 5 January 2009, 30 environmental activists staged a five-day vigil along the Barley Barber Swamp to draw attention to what they claimed were damages being wrought by the power company's 3,705 megawatt Martin County plant. [16], In December 2005, FPL Group announced an $11 billion all-stock acquisition of Maryland-based Constellation Energy Group. Nuclear plants produce virtually no air emissions, representing a responsible energy choice as climate change concerns intensify. More than 75% of NextEra Energy Resources generation comes from the wind and sun. Our core strategy has remained consistent and has led to a long-term track record of creating shareholder value. Location. The future of energy is here. No two clean energy strategies look the same. As part of the transaction, NextEra Energy intends to fund $9.5 billion, primarily for the repayment of EFIH debt. Company: NextEra Energy. Supervisor Field Operations - Gas Infra. The transaction provides certainty of value for the creditors of the EFH bankruptcy estate. [23] The proposed merger had support from over 25 local groups, including the Hawaii State AFLCIO and the Hawaii Chamber of Commerce. [24], NextEra Energy and Energy Future Holdings, parent company of Texas-based utility Oncor Electric Delivery, reached a $18.7 billion merger agreement on July 29, 2016, but the agreement was terminated in July 2017 after the Texas Public Utility Commission rejected the offer over disagreement on the control of Oncor's board of directors. But those canals date were constructed in 1972 and have since sprung some substantial leaks.[58]. Get email updates for new Field Operations Supervisor jobs in Houston, TX. The first utility-scale facilities to co-locate wind, solar and battery storage in North America makes the clean energy future a reality. As one of America's largest capital investors in infrastructure, with between $50 and $55 billion in new infrastructure investments planned through 2022, we're helping ensure that the next energy to power our dreams will be American energy. NextEra Energy's balance sheet and credit rating are among the strongest in the industry. We'll keep you informed about upcoming events and opportunities at NextEra Energy that match your interests. NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida. Power 2016 Electric Utility Residential Customer Satisfaction Study. The transaction will improve Oncor's financial strength and result in tangible benefits for its customers. Dr. Bacchus claimed that the power plant's water use had caused "surficial aquifer drawdown". Other companies abandoned the state entirely. Veterans for Conservative Principles, his political committee, accepted close to $13,000 from NextEra and $5,000 from Duke. NextEra Energy, Inc. is an American energy company with about 58 GW of generating capacity (24 GW of which were from fossil fuel sources[4]), revenues of over $18 billion in 2020, and about 14,900 employees throughout the US and Canada. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa and Wisconsin. It expects that its credit ratings and its subsidiaries' credit ratings will be maintained post-closing. Additional risks and uncertainties are identified and discussed in NEE's and Oncor's reports filed with the SEC and available at the SEC's website at, NextEra Energy Resources and Portland General Electric celebrate first-in-the-nation combined clean energy facilities, Leveraging technology in times of need, an employee story. NextEra Energy announces 2023 first quarter financial results. [49], In 2018, Senator Keith Perry won re-election against Democrat Kayser Enneking by around 2,000 votes, due to independent Charles Goston pulling votes away from Enneking. Sign up to receive press release email alerts. Brant Butler Brant Butler Brant Butler Brant Butler. NextEra Energy expects that Oncor's credit rating will be improved post-closing, generating savings for customers in terms of lower borrowing costs. Houston, TX. Of that amount, it is expected that certain creditors will be paid primarily in cash with the remainder in NextEra Energy common stock. A more recent docket listing may be available from PACER . "We are pleased to have reached a definitive agreement to acquire EFH's 80 percent indirect interest in Oncor," said Jim Robo, chairman and chief executive officer of NextEra Energy. NextEra Energy remains committed to maintaining its strong balance sheet. Only the state of Nevada has tried such legislation before. Sign in to create your job alert for Field Operations Supervisor jobs in Houston, TX. In addition, NextEra Energy's other financial advisors include Deutsche Bank Securities, J.P. Morgan Securities LLC, UBS Securities LLC and Wells Fargo Securities. NextEra Energy intends to repay in full the EFIH first lien debtor-in-possession ("DIP") financing facility (currently approximately $5.4 billion principal amount) using cash financed by a non-EFH/Oncor NextEra Energy affiliate upon closing. NextEra Energy also owns a competitive clean energy business, NextEra Energy Resources, LLC, which, together with its affiliated entities, is the worlds largest generator of renewable energy from the wind and sun and a world leader in battery storage. Trinity Operating Location PO Box 1188, Houston, Texas, 77251, United States Description Read More Industry [18][19][20][21], On December 4, 2014, NextEra Energy announced its plans to purchase Hawaiian Electric Industries for $4.3 billion. Additional risks and uncertainties are identified and discussed in NEE's and Oncor's reports filed with the SEC and available at the SEC's website at www.sec.gov. More reliable. (Enter less keywords for more results. The president and CEO of NEI responded that the organization "vehemently denies all of the allegations in NextEras lawsuit and will vigorously defend our position in court" and that "NextEra lost the ability to participate in PADS upon choosing to discontinue its NEI membership". For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com. Copyright 2023 NextEra Energy, Inc. All rights reserved. NextEra Energy expects the accretion from this transaction to enable it to grow at or near the top end of its previously announced 6 percent to 8 percent per year adjusted earnings per share growth rate through 2018, off a 2014 base. [41], NextEra Energy has backed failed ballot amendment campaigns to impose fees and barriers to installations of rooftop solar panels.

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